Tea Production

Cup of woes: Darjeeling tea production slips to near two-decade low

Figure is even marginally lower than in 2020, when a nationwide lockdown was imposed to contain Covid-19; Tea Board chief says output has gone down because due to old bushes

Tea exports up 18% to 185.31 mn kilograms in first 10 months of 2022: Data

Tea exports from India have increased 18.1 per cent at 185.31 million kilograms between January and October 2022, from 160 million kilograms in the similar previous first ten months. According to Tea Board data, the CIS block countries remained the largest importer at 43.65 million kilograms during the first ten months of 2022, up from 36.95 million kilograms in the same period the previous year. The UAE surfaced as the second largest importer at 32.95 million kilograms during the period in 2022, substantially higher from 12.45 million kilograms in the previous similar period. Iran, which had been a big importer of the Indian orthodox variety, imported 19.52 million kilograms in the period January to October 2022, lower from 21.45 million kilograms in those 10 months in 2021. Secretary general of Tea Association of India (TAI) P K Bhattacharya said that though shipments to Iran had fallen, the silver lining is that UAE has surfaced as a major importer after the CIS block. Tea indu

Tea industry facing multiple challenges in wake of Covid pandemic: Experts

The tea industry has been no exception to the ravages of the Covid pandemic over the last two years, as it grapples with low prices and high input costs, with stakeholders calling for more focus on quality and boosting exports. Production, too, has seen a decrease in the last few years since the onset of the pandemic due to restrictions on plucking -- from 1,390 million kg in 2019 to 1,258 million kg in 2020, 1,329 million kg in 2021 and 1,050 million kg till October this year. According to industry experts, the fall in production had helped in higher price realisation at the auctions. Secretary General of Tea Association of India (TAI) Prabir Bhattacharya said though the average auction price touched Rs 206 per kg in 2020, it fell to Rs 190.77 per kg the following year. So far in 2022, the average price has been Rs 204.97 per kg, he said. The increase, however, is concomitant with rise in wages across north India, besides hike in the cost of energy, fertilisers and logistics, ...

Warren Tea to exit plantations, plans expansion of IT and hotel businesses

Signs deal with Dhunseri group for the last four estates it currently owns

McLeod Russel Sept qtr net up 6% to Rs 131 cr despite dip in revenues

Revenues from operations at Rs 425.06 crore were lower by 13.93% from the same period last year

Brewing at Tata Starbucks: Double-digit growth, premium store, masala chai

In the Asia Pacific, Starbucks has 142 Reserve stores

Endgame at McLeod Russel amid risk of losing control of last major asset

With two rival bids, the once powerful group that owns the world's largest tea producer is in danger of losing control of its last major asset

M K Shah Exports approaches McLeod Russel India lenders with counter offer

Carbon Resources has offered an upfront payment of Rs 1,245 crore of an estimated outstanding bank debt of Rs 1,650 crore

Why a non-tea player like Carbon Resources is eyeing McLeod Russel

With a crop of 44 mkg across 31 estates in Assam and two in Dooars, McLeod is a Goliath in the world of tea. It has estates in Africa and Vietnam and its total output worldwide is 73 mkg

Takeover scare for McLeod Russel as Carbon Resources picks up over 5% stake

The would-be acquirer makes non-binding offer to banks to settle the bulk tea producer's dues

Nepal brews a fresh crisis for Darjeeling tea with cheaper leaves

A notification banning blends of imported tea in GI-tagged teas has almost pushed Tata Consumer Products, the biggest buyer, out of the market

Tea production in Nilgiris increases by 6.9% due to heavy rainfall

The Nilgiris district of Tamil Nadu, the largest producer of tea in South India, has witnessed an unprecedented increase in the production after heavy rainfall

Major tea firms stare at crop loss due to Assam floods, pest attack

"Our quick estimate indicates that the crop in June 2022 is lower by at least 20-25 per cent over June last year," said Sujit Patra, secretary, exports & market promotion, ITA.

Indian orthodox tea gets a boost as crisis impacts Sri Lankan trade

India - which has just stepped into the quality period for orthodox - is reaping the benefits of the anticipated shortfall

Indian Tea Association to present proposal for minimum floor price to govt

Trade body's members account for 400 million kg of tea production, 50 million kg by way of direct exports. The industry's total output was 1,258 million kg in 2020

Tata sets up Rs 100 crore tea packaging unit in Odisha

Odisha Chief Minister Naveen Patnaik on Thursday inaugurated a tea packaging unit of Tata Consumer Products Ltd at Gopalpur in the state's Ganjam district

Champagne of teas loses fizz amid scanty rainfall, last year's lockdown

Scanty rainfall, last year's lockdown, growing competition from Nepal and the disaster of the 2017 Gorkhaland agitation are steadily weakening exports and sales of Darjeeling tea

Bottom line swells for tea firms on lower crop, higher at-home consumption

Industry says Q3 of FY21 also likely to be good; Moreover, there will be no dry period as North Indian gardens observe closure during winters

Tea Board orders closure of factories in Dec to curb poor tea production

The order will be mandatory for all the gardens in Darjeeling, Sikkim, Assam, Dooars and Terai regions of north Bengal, Tea Board sources said

Tea industry struggles amid rains, lockdown, and buyers turning to Kenya

Heavy rains and the absence of tea pickers because of lockdowns have hammered production and sent local prices spiraling to records